A Challenge for New Clients: How to Choose a Trusted Advisor
If you’re in business for yourself, you have a unique opportunity to build wealth in an asset class that others don’t have: equity in a business enterprise that some day may be sold for millions of dollars. In addition, that business can spin off income for family members that can provide significant tax advantages, done well. Understanding how to realize on this asset requires the help of a trusted financial advisory team. Who should be on that team and how do you find them? This is a challenge your next new business clients may wrestle with. Here are some tips on how you can open discussions to help them:Evelyn Jacks: Part 1 – When Interest Is Tax Deductible
Did you know that small firms in the business sector create proportionately more jobs than large firms, especially in the early years of development?
Future: Advisor-Client Privilege Extends to Tax Advice?
From the late eighteenth century to the present day, solicitor-client privilege has been a topic fraught with varying levels of uncertainty, justification, and support.
Seniors Have Option to Defer OAS Pensions for Up to Five Years
Seniors have the option to defer starting their OAS pensions for up to five years (i.e. starting at age 70 rather than 65).
Understanding Synthetic Dispositions – Indebtedness in Exchanges of Property
We continue our Synthetic Dispositions series this week with a look at indebtedness in exchanges of property.
Surrey Man Jailed for Tax Fraud
How would you help the victims of this tax crime?
Grow Wealth Using Eight Important Steps
Allowing too much erosion up front (before investing and along the way reduces the opportunity to accumulate, grow, preserve, and transition wealth and cripples the power of compounding.
